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Sunday, June 22, 2008

KFH is looking to expand in Turkey and Gulf

"KFH is looking to expand in Turkey and Gulf
Published: Sunday, 22 June, 2008, 07:50 AM Doha Time
KUWAIT: Kuwait Finance House (KFH) aims to become one of the top banking players in Turkey and is considering expansion in Hong Kong and Australia to tap booming demand for services compliant with Islamic law.
Chief executive Mohammad al-Omar said KFH, the Gulf’s second-largest Islamic bank by market value, plans to set up an investment firm in Saudi Arabia and spread out in the six countries of the Gulf Co-operation Council (GCC)."

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